Making money grow: 6th to 8th people & places
Saving, interest and investing: compound interest, risk and reward. A free 6th to 8th lesson plan with a hook, practice that links to free activities, and an exit ticket. Copy it and make it yours.
- Standard NSPFE Saving, grade 8
- Standard NSPFE Investing, grade 8
- Standard NSPFE Managing Risk, grade 8
Lesson plan
Goal
- Students work toward: saving, interest and investing: compound interest, risk and reward.
Hook (5 min)
- Ask the class: How can money grow while you just wait?
- Take two or three answers and write them where everyone can see them.
Teach (15 min)
- Say the big idea in one plain sentence: making money grow.
- Show one example, then one that is not an example, and ask how the two differ.
- Have students tell a partner or a small group the idea in their own words.
Practise (20 min)
- Choose one for the whole class or let groups pick:
- Learn: Interest That Grows (https://peabody.kids/world/money/money-compound-interest)
- Learn: Saving, Investing and Risk (https://peabody.kids/world/money/money-saving-investing-risk)
- Read: Money books (https://peabody.kids/money-books-for-kids)
Exit ticket (5 min)
- On a slip or aloud: one thing I learned about making money grow, and one question I still have.
- Sort the slips into: got it, nearly, not yet. Start tomorrow with the last pile.
Written by Peabody from its own skill pages. Free, no ads, no sign-in. Children can practise this on Peabody. More from teachers: teacher-shared resources.